Car-Mart - Harrison, AR
SHOP Companies is pleased to offer for sale the absolute net leased America's Car-Mart of Harrison. This 4,418 SF retail building on 2.28 acres is operated as an America's Car-Mart (NASDAQ: CRMT), one of the largest publicly held car dealerships in the United States. The in-place corporate lease, which commenced January 1, 2020, has 4+ years remaining on the current 8-year term with two remaining 5-year options to renew.
Car-Mart of Harrison is ideally positioned off US Highway 65 (20,000 VPD), just 1.5 hours east of America's Car-Mart Corporate Headquarters in Rogers, Arkansas. The dealership is located in a strong retail corridor with surrounding national tenants, including McDonald's, Tractor Supply, Taco Bell, NAPA Auto Parts, Wendy's, Sonic Drive-In, and more. Northwest Arkansas cities continue to grow rapidly above the national average. The region's population has dramatically increased over the past decade, growing by 20% since 2010. The most recent census data shows the region experiences a net population gain of 30 people per day.